IPL Newsfile

APRIL 03, 2013

IPL

IPL franchises still in the red

ESPNcricinfo staff

Going into the league's sixth season, most of the IPL franchises are still struggling to make money, says a report in Mint. It says that a reduced share of broadcasting fee and central sponsorship revenues, stagnating contribution from ticket sales and rising costs mean most franchises will take a longer time to post profits, although sponsorship incomes for individual teams are stabilising.

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